Cns Pharmaceuticals Skewness

CNSP Stock  USD 0.12  0.01  7.69%   
Cns Pharmaceuticals skewness technical analysis lookup allows you to check this and other technical indicators for Cns Pharmaceuticals or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Cns Pharmaceuticals has current Skewness of 0.781. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.

Skewness

 = 

3PM

STD3

 = 
0.781
3PM = Third upper moment
STD =   Standard Deviation of Cns Pharmaceuticals

Cns Pharmaceuticals Skewness Peers Comparison

Cns Skewness Relative To Other Indicators

Cns Pharmaceuticals is rated below average in skewness category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  50.30  of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Cns Pharmaceuticals is roughly  50.30 
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns are skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily), implying a symmetric distribution.
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